Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 81.92%
June 30, 2023 80.33%
Date Value
September 30, 2022 78.06%
June 30, 2022 75.11%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

75.11%
Minimum
Jun 2022
81.92%
Maximum
Sep 2023
78.86%
Average
79.20%
Median

Gross Profit Margin (Quarterly) Benchmarks